The UK government is preparing to introduce a 45% tariff on Chinese electric vehicles, aligning with a similar measure recently adopted by the European Union. The move aims to address concerns over market competition and potential subsidies distorting trade. Industry officials warn that such tariffs could raise costs for consumers and manufacturers alike. The decision follows growing tensions over trade practices between Western nations and China.
UK Poised to Match EU's 45% Tariff on Chinese Electric Vehicles finance.biggo.com
